BANKING

Gate City Bank Executive Chair Steve Swiontek Retiring After 40 Years Of Service

Steve says he's going to miss his day to day conversations with his co-worker but says he felt it was the right time to retire.

FARGO, N.D. — Swiontek first started out in Gate City right after graduating from NDSU in 1978. Steve worked his way up the chain and helped grow over 30 new locations, 600 jobs and 2 billion dollars in assets. He says he owes everything to his staff that work tireless to provide for both the customer and the community. Under…

Grand Forks Police Warn About Fraudulent Bank Transactions And Fake $100 Bills

The bills may pass the marker test

GRAND FORKS, ND — A warning to check your bank statements from the Grand Forks Police Department. They have received a number of reports of unauthorized transactions taking place on accounts at financial institutions. It includes both withdrawals and deposits. People are typically unaware of the transactions until they review their statements or receive notification about the suspicious activity. If you…

Wells Fargo Apologizing for Processing Error that Resulted in Overdrawn Accounts

They said the processing error that caused the problem was fixed overnight

  NATIONAL — A banking giant is apologizing again. Wells Fargo says it is processing the error that caused many of their customers to pay their bills twice and it resulted in several accounts being overdrawn. Angry Wells Fargo customers took their frustrations out on Twitter and the company said they would refund any related fees or charges. They said…

MN Businessman Credited with Saving TCF Savings and Loan Dies at 73

Bill Cooper, 73, turned TCF Savings and Loan into the state's third-largest banking company

  MINNESOTA — The man credited with reviving Twin City Federal Savings and Loan and who was a dominant Minnesota political figure, has passed away. Bill Cooper died Tuesday at the age of 73. He rescued TCF from the savings and loan crisis in the 1980’s and took the bank public. As CEO he grew TCF to several hundred branches…

Seattle Cuts Ties with Wells Fargo; Blames Financial Ties with the Dakota Access Pipeline

The city council voted unanimously to end the relationship with banking giant Wells Fargo after numerous protests over the Dakota Access Pipeline

SEATTLE — Heated debate over the construction of the Dakota Access pipeline isn’t just building again in Morton County in North Dakota. The city of Seattle, Washington has decided to cut ties with banking giant, Wells Fargo, over the bank’s financial connections to the building of the pipeline. The company was already on rocky ground, say city officials, after the…